Agriculture loans total Rs.1,577 crore

PALAKKAD: The banks in the district gave agriculture loans totalling Rs.1,577 crore during the last financial year, which is 44 per cent of the total loan amount of Rs.3,574. An amount of Rs.828 crore was advanced to the priority sector and Rs.188 crore was given to industries.

A review meeting of the performance of banks in the district said that the credit deposit ratio stood at 60:40. — Staff Reporter

Recommended for you